Does Medicare Negotiate Prices?

Comments

One response to “Does Medicare Negotiate Prices?”

1. 

   May 26, 2013

   Bob Vineyard

   Actually, no.

   Medicare sets a fee schedule based on the medical procedure and it is offered to providers on a take it or leave it basis. Most hospital stays are reimbursed under a set fee basis while doctors and other providers are paid based on the way the claim is coded.